David Andrew Stephens Sells 1,531 Shares of Goldcorp Inc. (G) Stock

Goldcorp Inc. (TSE:G) (NYSE:GG) insider David Andrew Stephens sold 1,531 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of C$16.18, for a total transaction of C$24,771.58.

Shares of Goldcorp Inc. (TSE G) traded up C$0.04 on Friday, reaching C$16.27. 1,166,200 shares of the company’s stock were exchanged, compared to its average volume of 2,854,871. The company has a market capitalization of $14,080.00, a PE ratio of 16.77 and a beta of -0.39. Goldcorp Inc. has a 1 year low of C$15.00 and a 1 year high of C$22.44.

G has been the subject of several research reports. JPMorgan Chase & Co. increased their target price on shares of Goldcorp from C$21.00 to C$23.60 in a research note on Wednesday, November 15th. CIBC cut shares of Goldcorp from a “buy” rating to a “sell” rating in a research note on Thursday, November 30th. BMO Capital Markets set a C$16.00 price target on shares of Goldcorp and gave the stock a “market perform” rating in a research note on Wednesday, January 17th. Desjardins restated a “hold” rating on shares of Goldcorp in a research note on Monday, December 11th. Finally, Scotiabank cut their price target on shares of Goldcorp to C$22.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Goldcorp presently has a consensus rating of “Buy” and a consensus price target of C$21.14.

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About Goldcorp

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Insider Buying and Selling by Quarter for Goldcorp (TSE:G)

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